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BTCS Inc. — Director's Dealing 2025
Jul 10, 2025
33585_dirs_2025-07-10_13f3d5e0-89f7-498a-b1ae-57e3271829c6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BTCS Inc. (BTCS)
CIK: 0001436229
Period of Report: 2025-07-09
Reporting Person: Allen Charles W (Director, CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-07-09 | Common Stock | M | 508884 | $1.90 | Acquired | 4679506 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-07-09 | Stock Options (Right to Buy) | $1.90 | M | 750000 | Disposed | 2026-01-01 | Common Stock (750000) | Direct |
Footnotes
F1: On July 9, 2025, the reporting person exercised options to purchase 750,000 shares of the issuer's common stock at an exercise price of $1.90 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 241,116 of the option shares to pay the exercise price and issuing to the reporting person the remaining shares.
F2: Represents shares of common stock acquired upon exercise of 750,000 stock options with an exercise price of $1.90 per share. The number of shares issued was calculated by multiplying the number of options exercised by the preceding day's closing stock price of $5.91 to determine the total stock value, then subtracting the aggregate exercise price, and dividing the result by the same closing price.
F3: Includes shares of restricted common stock subject to forfeiture if certain vesting conditions are not met.
F4: The stock options vested as follows: 300,000 options vested on January 1, 2022, and the remaining options vested based upon certain performance milestones involving the issuer's stock price.
F5: Not applicable.